Times of IndiaExplained: India’s First Crypto Index and What it Means for Investors in India 

January 28, 2022by arp_admin0

India has the Bombay Stock Exchange and the National Stock Exchange for equities; but now we have our very own crypto Index, which will monitor the performance of the 15 most-traded cryptocurrencies that are listed on crypto exchanges globally.

The IC15 Index, launched by global crypto super app, will serve as a benchmark on digital markets that will give a diversified representation across the increasingly varied cryptocurrency marketplaces. The overall objective of the index is to offer insights into index-linked products like ETFs and funds. By tracking the value of a group of cryptocurrencies, investors can avoid the risk of investing in a single digital currency.

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